Exam term Percentage lease A lease that ties some rent to the tenant's business sales, often a percentage added to base rent. Lessons that use this term Leases and other real estate agreements CaliforniaLeases: leasehold estates, standard provisions, and rent-stabilized renewals New YorkCommercial lease types: net, gross, office, retail, percentage, and loft leases New YorkLeasehold estates and types of leases Texas